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08-14-2011 00:40 BJT
The Chinese currency Renminbi, or yuan, strengthened 80 basis points to a record high of 6.1867 against the U.S. dollar on Friday, according to the China Foreign Exchange Trading System.
After a marked downturn over the past two years, the global economy is expected to gain momentum slowly for the rest of 2013 and 2014 on the back of accommodative monetary policies in developed and developing economies, a latest UN report said here Thursday.
A total of 11 people were killed and 26 others wounded in separate attacks in Iraq on Thursday, the police said.